5-14-40. Liability captive insurance company fund established.
There is hereby established in the state treasury the liability captive insurance company fund. The Bureau of Administration may enter into an agreement with a captive insurance company for the management of the company's funds. Money in this fund may be used to pay for liability coverage as well as administrative costs for this fund. Interest earned on money in the fund shall be deposited into the fund. Unexpended money and any interest that may be credited to the fund shall remain in the fund. Any money in the liability captive insurance company fund is continuously appropriated. Any money deposited into and distributed from the fund shall be set forth in an informational budget as described in §4-7-7.2.
Source: SL 2015, ch 46, §4, eff. Mar. 13, 2015.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 14 - Public Buildings And Improvements
Section 5-14-1 - Classification of capital improvements.
Section 5-14-4 - Bureau review and approval of new construction plans and costs.
Section 5-14-6 - Planning and supervisory expenses paid from building funds.
Section 5-14-8 - Acceptance and expenditure of contributions to capital improvements.
Section 5-14-8.1 - Acceptance and expenditure of contributions for works of art in state buildings.
Section 5-14-11 - State housing facilities to be fire resistant--Exceptions--Promulgation of rules.
Section 5-14-12 - Public buildings to accommodate persons with disabilities.
Section 5-14-13.1 - International wheelchair symbol to be displayed.
Section 5-14-14 - Enforcement of requirements for persons with disabilities.
Section 5-14-18 - Willful injury to public building or improvement--Penalty.
Section 5-14-19 - Payment of special assessments for improvement of state property.
Section 5-14-21 - Warrants for special assessments--Vouchers.
Section 5-14-30 - State-wide maintenance and repair fund--Priority of projects.
Section 5-14-31 - Acceptable sources of funds.
Section 5-14-32 - Definitions.
Section 5-14-33 - State buildings--High-performance green building standard.
Section 5-14-34 - Waiver of requirements.
Section 5-14-35 - Initial determination of Bureau of Administration.
Section 5-14-36 - Certification.
Section 5-14-37 - Report to the Legislature.
Section 5-14-39 - Property and casualty captive insurance company fund established.
Section 5-14-40 - Liability captive insurance company fund established.